Global Electronic Toll Collection Market Is Grow at a CAGR of 11.0% and Expected to Reach USD 20.00 Billion by 2026 from USD 7.82 Billion in 2017
Global Electronic Toll Collection Market is accounted for $7.82 billion in 2017 and is expected to reach $20.00 billion by 2026 growing at a CAGR of 11.0% during the forecast period. Factors such as growing demand for effective solutions for traffic congestion and rising allowance of funds by different governments on intelligent transportation system are propelling the market growth. High installation costs and lack of interoperability and standardization are some of the factors limiting the market growth. Increased safety and...
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